Understanding the Basics of Forex Trading Forex, short for foreign exchange, is the global marketplace for buying and selling currencies. It is the largest and […]
Fed Bostic: Businesses now seeking redundant suppliers which is adding costsFed Bostic: Businesses now seeking redundant suppliers which is adding costs
Business response to what appeared short term supply and other problems could change long-run path of inflation businesses seeking redundant suppliers to buffer against future […]
Dallas Fed Texas service sector index of general business activity outlook 0.6% in January 2022 from 14.2 last monthDallas Fed Texas service sector index of general business activity outlook 0.6% in January 2022 from 14.2 last month
The Texas service sector decelerated notably in January, according to business executives responding to the Texas Service Sector Outlook Survey.The revenue index, a key measure […]
US stocks set to open modestly higherUS stocks set to open modestly higher
The major US indices are set to open up marginally higher the futures are implying:S&P index up four pointsDow industrial average up 40 pointsNASDAQ index […]
Canada Markit manufacturing PMI for January 56.2 versus 56.5 last monthCanada Markit manufacturing PMI for January 56.2 versus 56.5 last month
Markit PMI comes in at 56.2 The Canada Markit manufacturing PMI for January came in at 56.2 versus 56.5 last month. The index has remained above the 50 level […]
US stocks trading mixed in early tradingUS stocks trading mixed in early trading
The major US indices are trading mixed in early trading for the day. The NASDAQ is lower while the Dow and S&P are marginally higher. […]
US Markit PMI manufacturing index for January 55.5 versus 55.0 preliminary estimateUS Markit PMI manufacturing index for January 55.5 versus 55.0 preliminary estimate
Markit PMI for January 2022 The Markit PMI index for January 2022: PMI index 55.5 vs 55.0 preliminary. Lowest since October 2020. Last month the index came […]
US ISM manufacturing for January 57.6 versus 57.4 estimateUS ISM manufacturing for January 57.6 versus 57.4 estimate
ISM falls to 57.6 in the January ISM manufacturing index versus 57.4 estimate Last month 58.7 revised t0 58.5 New orders 58.9 vs 61.0 last […]
JOLTS December job openings 10.925M vs 10.562M last monthJOLTS December job openings 10.925M vs 10.562M last month
JOLTS job openings remains near all time high levels JOLTS job openings 10.925M vs 10.562M last month Job openings rate unchanged at 6.8% Hires fell […]
The GBPUSD higher on the day but finds willing sellers near the 100 day MAThe GBPUSD higher on the day but finds willing sellers near the 100 day MA
GBPUSD finds sellers against its 100 day moving average The GBPUSD moved higher yesterday but the price action was up and down choppy for most of […]